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Hotels, Motels & Cruise Lines

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Gooderson says funds misappropriated by employee

Friday, 22 Jul 2016

Gooderson Leisure Corporation Ltd : Has discovered one of its employees seems to have misappropriated funds. Amount involved seems to be in excess of 3 mln rand . Company has taken appropriate action, including opening a criminal case against alleged perpetrator, in order to protect interests of co .Internal investigations will continue and company is cooperating with relevant authorities.

City e-Solutions updates on acquisition of shares in co by China Tian Yuan Manganese<0557.HK>

Friday, 22 Jul 2016

City e-Solutions Ltd <0557.HK>: Solution-...more joint announcement (1)acquisition of shares in City e Solutions Limited by China tian yuan manganese limited (2)possible mandatory unconditional cash offer by prudential brokerage limited for and on behalf of China tian yuan mangan . Deal for a total consideration of hk$566.4 million . Says the vendors,citydev investments, and the offeror, China tian yuan manganese, entered into the share purchase agreement . Application has been made for resumption of trading in the shares on the stock exchange with effect from 9:00 a.m. on 25 July 2016 . Offeror agreed to acquire the sale shares, being 200.9 million shares, of the company .

Marriott International and NBA announce partnership extension

Thursday, 21 Jul 2016

Marriott International Inc : Co and National Basketball Association (NBA) announced a partnership extension . In addition, Marriott International will become an official partner of USA Basketball .Partnership extension will make co partner of league events, including NBA House Rio, NBA All-Star, and select NBA global games.

Marriott Vacations posts adjusted profit of $1.08/share

Thursday, 21 Jul 2016

Marriott Vacations Worldwide Corp : Marriott Vacations Worldwide reports second quarter financial results . Marriott Vacations Worldwide Corp sees FY 2016 GAAP earnings per share $4.57 to $4.92 . Q2 revenue view $436.5 million -- Thomson Reuters I/B/E/S . Q2 adjusted earnings per share $1.08 . Q2 earnings per share $1.26 . Q2 earnings per share view $1.02 -- Thomson Reuters I/B/E/S . Sees 2016 adjusted fully diluted EPS $4.43 to $4.78 . Fy2016 earnings per share view $4.51 -- Thomson Reuters I/B/E/S .Qtrly total revenues $429.9 million versus $422.8 million.

Lantern Hotel Group says sale of courthouse hotel, Cairns

Thursday, 21 Jul 2016

Lantern Hotel Group Ltd : Sale of courthouse hotel, Cairns . Deal for $6.25M . Says completion of the sale is expected to occur in October 2016 .

Safestay says valuation of flagship site in London up

Wednesday, 20 Jul 2016

Safestay Plc : Carrying value of Safestay Elephant & Castle has increased from 12.2 mln stg, as disclosed in company's 2016 annual report, to 16 mln stg. . Completed an independent revaluation of its flagship site in London's Elephant & Castle ("Safestay Elephant & Castle"). .Says uplift driven by hostel's strong trading performance since it was acquired by Safestay in 2014.

Transcorp Hotels reports HY group pre-tax profit of 2.75 bln naira

Wednesday, 20 Jul 2016

Transcorp Hotels Plc : HY group revenue of 7.61 billion naira versus 7.24 billion naira year ago . HY ended June 30, 2016 group profit before taxation of 2.75 billion naira versus 2.48 billion naira year ago Source: http://bit.ly/2afOEGo Further company coverage: [TRANSCOHOT.LG] ((Bengaluru Newsroom; +91 80 6749 1130)).

Land and Leisure: Preliminary result of @Leisure B.V.'s takeover offer

Wednesday, 20 Jul 2016

Land and Leisure A/S : According to preliminary count @Leisure Holding B.V. (@Leisure) received acceptances representing 76.56 percent of A-shares and 28.13 percent of B-shares in Land & Leisure .Following completion of offer, @Leisure expects to hold 75.96 percent of total share capital and voting rights in Land & Leisure.

Les Hotels Baverez Q2 revenue decreases slightly to 7.2 million euros

Monday, 18 Jul 2016

Les Hotels Baverez SA :Q2 revenue 7.2 million euros ($7.97 million) versus 7.4 million euros last year.

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